Perpetua Resources Can Help Secure U.S. Production of Critical Mineral Antimony
405 S 8th Street #201, Boise, ID 83702 1
NEWS RELEASE
February 25, 2021
Perpetua Resources Can Help Secure U.S. Production of Critical Mineral Antimony
BOISE, ID – Perpetua Resources Corp. (formerly Midas Gold Corp.) (Nasdaq: PPTA / TSX:
PPTA) welcomes President Joe Biden’s recently issued Executive Order on securing America’s critical
supply chains. Perpetua Resources is in the process of permitting America’s only mined source of
antimony, a federally designated critical mineral for its use in the national defense, technology, and
energy sectors. The Executive Order declares strengthening the resilience of the American supply
chain as a policy of the Administration and requires that over the next one hundred days supply chain
risks and policy recommendations be brought forward regarding semiconductor manufacturing, high-
capacity batteries, critical minerals, and pharmaceuticals.
“Securing our country’s critical supply chains is a bi-partisan effort we can all support,” said Perpetua
Resources President and CEO Laurel Sayer. “President Biden’s Executive Order places critical minerals
in the national spotlight, and antimony is a key mineral in three out of the four areas the President has
directed federal officials to focus on over the next 100 days. We are encouraged by the recognition that
responsible, domestic sourcing of minerals like antimony is essential to building resilient supply chains
and a stronger, more sustainable, American future.”
Antimony strengthens alloys and makes them resistant to corrosion. Its properties make it a highly
valuable mineral for many applications across a wide range of sectors. It is used in munitions for national
defense, flame retardants, wind and hydro turbines, solar panels, large storage batteries, spaceships,
cell phones, semiconductors, plastics and cable sheathing. Currently, there are no U.S. mined sources
of antimony, China and Russia dominate the antimony supply with more than 80 percent of the world’s
production. Perpetua Resource’s Stibnite Gold Project in Idaho could supply approximately thirty
percent of the American demand for antimony in the first six years of production.
Jessica Largent
Vice President Investor Relations and Finance
Mckinsey Lyon
Vice President External Affairs
Website: www.perpetuaresources.com
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About Perpetua Resources and the Stibnite Gold Project
Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration,
site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine
district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one
of the highest -grade, open pit gold deposits in the United States and is desi gned to apply a
modern, responsible mining approach to restore an abandoned mine site and produce both
gold and the only mined source of antimony in the United States. Antimony is a federally
designated critical mineral for its use in the national defense, aerospace and technology sectors.
In addition to the company’s commitments to transparency, accountability, environmental
stewardship, safety and community engagement, Perpetua Resources adopted formal ESG
commitments which can be found here.